General Motors has named Renesas Electronics Corporation as Overdrive Award winner as part of GM’s 30th annual Supplier of the Year awards.
Renesas was one of 31 companies to earn an Overdrive Award for 2021. GM celebrated honorees at an awards ceremony in Phoenix, Arizona earlier this month.
“Renesas is honored to be an Overdrive Award recipient, and we thank GM for the recognition,” said Takeshi Kataoka, Senior Vice President and General Manager of the Automotive Solution Business Unit at Renesas. “As a leading provider of technology for automotive systems, we consider safety and quality our highest priorities. We look forward to continuing our collaboration with GM to pave the way for more innovation to make driving safer and easier for everyone.”
“This year’s Supplier of the Year event was special not only because it’s the 30th anniversary of the program, but because it provided us with the opportunity to recognize our suppliers for persevering through one of the most challenging years the industry has ever faced,” said Shilpan Amin, GM Vice President, Global Purchasing and Supply Chain. “These top suppliers showed resilience and reinforced their commitment to pursuing sustainability and innovation. Through our strong relationships and collaboration, GM and our suppliers are poised to build a brighter future for generations to come.”
First presented in 2012, the Overdrive Award is a distinction reserved for suppliers who display outstanding achievement across the Global Purchasing and Supply Chain organization’s key priorities.
These include sustainability, innovation, relationships, total enterprise cost, launch excellence and safety.
A global cross-functional team selected the 2021 Supplier of the Year and Overdrive Award winners based on performance criteria in Product Purchasing, Global Purchasing and Manufacturing Services, Customer Care and Aftersales and Logistics.